mike penceents later took the stage and said the u.s.ld not change course until china changes its ways. >> the united states offers a better option. we don't drown our partners in debt, course or compromise your independence. the u.s. deals openly, fairly. when you partner with us, we partner with you. we all prosper. yousef: joining us now on the line is the head of fixed income -- there is a lot o at stake for all investors. if you notice the swings around the sentiment, depending on trade tensions, the latest back-and-forth between the u.s. and china, where does that place you in terms of potential progress at the summit coming up. >> good morning. that is an interesting question. had conflicting messages from the u.s. administration on the trade dispute with china last week. is, the tradehis tensions are far from being sold. this is a medium-term story with much wider implications than the commercial and balances between the two economies. are theamental reasons growth of china, not only as an economic power, but a political and mili